PTAD ES engages pension Unions to dialogue against protest

The Pension Transitional Arrangement Directorate (PTAD) Executive Secretary, Tolulope Odunaiya, on Wednesday held an urgent meeting with the Nigerian Union of Pensioners (NUP).

Also, the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) to address concerns about a planned protest by a faction of the Pensioner Unions.

According to the statement released by the Directorate revealed that the meeting, includes the PTAD senior Management while the meeting is aimed to reinforce unified communication and ensure the protection of Pensioners’ welfare and dignity.

The Executive Secretary who reaffirmed PTAD’s partnership with recognised Unions, highlighted key achievements, including the implementation of the ₦32,000 minimum wage pension increment.
Also the 10.66%, 12.95% approved pension increments, and securing a ₦45 billion emergency budgetary allocation for implementation and payment of arrears.

She further clarified that the widely discussed ₦25,000 palliative is under the mandate of the Ministry of Humanitarian Affairs and Poverty Alleviation, not PTAD but confirmed that PTAD is following up with the Ministry and will provide updates when available.
PTAD ES also cautioned that the proposed protest, particularly its planned “NAKED” demonstration could undermine the ongoing efforts being made to improve the welfare of Pensioners.

The NUP and FEPPPAN leaders disassociated themselves from the protest, reaffirmed their commitment to peaceful dialogue, and encouraged Pensioners to channel their concerns through recognised structures.

Odunaiya acknowledged their feedback and reiterated PTAD’s commitment to improved communication, structured engagement, while upholding the dignity and well-being of all Pensioners under the Defined Benefit Scheme.